The petitioner, K.J.Vinod, an Insolvency Professional, filed a writ petition challenging the order of the National Company Law Tribunal (NCLT) which appointed Mr.Thangamuthu Viswanathan as the Interim Resolution Professional (IRP) of Annie Traders Private Limited (Respondent No.2) instead of the petitioner, despite the petitioner being recommended by the Corporate Debtor.
K.J.Vinod, an Insolvency Professional, is the petitioner.
The petitioner is registered as a Resolution Professional (RP) with the Insolvency and Bankruptcy Board of India (IBBI).
The petitioner was recommended by Annie Traders Private Limited (Respondent No.2) to act as the Interim Resolution Professional (IRP) in an application under Section 10 of the Insolvency and Bankruptcy Code, 2016.
The National Company Law Tribunal (NCLT) appointed Mr.Thangamuthu Viswanathan as the IRP instead of the petitioner.
The petitioner claims that the NCLT's decision is in contravention of Section 16(2) of the IB Code.
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The National Company Law Tribunal (NCLT)…
The court passed an…
The petitioner, K.J.Vinod, an Insolvency Professional, filed a writ petition challenging the order of the National Company Law Tribunal (NCLT) which appointed Mr.Thangamuthu Viswanathan as the Interim Resolution Professional (IRP) of Annie Traders Private Limited (Respondent No.2) instead of the petitioner, despite the petitioner being recommended by the Corporate Debtor.
K.J.Vinod, an Insolvency Professional, is the petitioner.
The petitioner is registered as a Resolution Professional (RP) with the Insolvency and Bankruptcy Board of India (IBBI).
The petitioner was recommended by Annie Traders Private Limited (Respondent No.2) to act as the Interim Resolution Professional (IRP) in an application under Section 10 of the Insolvency and Bankruptcy Code, 2016.
The National Company Law Tribunal (NCLT) appointed Mr.Thangamuthu Viswanathan as the IRP instead of the petitioner.
The petitioner claims that the NCLT's decision is in contravention of Section 16(2) of the IB Code.
…The National Company Law Tribunal (NCLT)…
The court passed an…